Brady Corporation (BRC)

The number of days of payables for Brady Corporation over the specified period exhibits noteworthy fluctuations. As of July 31, 2021, the company maintained an average payables period of approximately 51.41 days. This duration decreased markedly by July 31, 2022, to around 44.16 days, indicating an improvement in the company’s ability to settle its obligations more quickly within that year. The downward trend continued marginally in 2023, with the payables period declining further to approximately 43.21 days, suggesting a slight acceleration in payments to suppliers.

However, moving into the 2024 fiscal year, the period of payables increased again to about 47.30 days, reflecting a slight relaxation in the timing of settling payables. This upward shift may indicate changes in payment policies, supplier negotiations, or cash management strategies. The trend continued into 2025, with the payables period rising to approximately 50.92 days, nearing the levels observed in 2021.

Overall, the data suggests that Brady Corporation experienced a significant reduction in the payables period from 2021 to 2023, implying improved liquidity management or strategic payment timing. Subsequently, the period has shown a tendency to lengthen, approaching the higher levels observed in the initial year, which could indicate a shift toward more extended payment terms or altered working capital management practices.